Sunday 16 February 2014

CRUDE OIL TREND FOR TODAY- 17-Feb-2014

23:07     2 comments

Crudeoil is in perfect uptrend .Currently Crudeoil is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend .. The Crudeoil is now trading in overbought level. The Crudeoil is now trading in overbought level. The oscillator is showing SELL signal For short term Crudeoil is in HOLD LONG position.Positionally Support for the Crudeoil is 6137-6128-6029-6015-6009-5974-. Immediate resistance for Crudeoil is 6305
Short term and Intraday Level of CRUDEOIL
Currently Crudeoil is in HOLD SHORT position Crudeoil is moving sideways so short term investor better to buy only above 6280.0 or hold with stop at 6156.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 6263.9 with a stop at 6159 Below 6132.3 go for sell
Intraday Resistance of CRUDEOIL are 6246.4 : 6286.6 : 6316.7 : 6333.2
Intraday Support of CRUDEOIL are 6149.6 : 6109.4 : 6080.5 : 6064.3
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2 comments :

  1. Kiyara17 February 2014 at 01:37

    Nice informative post. The Crude oil is in hold short position according to commodity market.
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  2. Unknown17 February 2014 at 02:33

    I really appreciate your way of presenting this post with an excellent suggestion.
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